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Sold on 04 Oct 2024 - Price Unavailable

17 Sherwood Road
Rocklea QLD 4106

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1819m2
Land area: 6744m2
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Property Details for 17 Sherwood Rd, Rocklea

Building Type
Commercial
Floor Size
1819m2
Land Size
6744m2

Last Listing description (October 2024)

Ben Sands and Peter Laoudikos from RWC Gateway, as the exclusive marketing agents are pleased to present to the market 17 Sherwood Road, Rocklea For Sale via Public Auction to be held at 10am Friday 4th October 2024, Level 26 / 111 Eagle Street, Brisbane City QLD.

This opportunity has the following investment highlights:
• NEW five (5) year lease to National Fleet Tyres Pty Ltd to 30 June 2029 (trading as Goodyear Fleet and Beaurepairs)

• Plus a five (5) year option to 30 June 2034
• Landlord favourable CPI reviews annually
• Net lease terms with the tenant paying ALL outgoings including Council Rates, Land Tax, and Insurance*
• Current Net Income of $226,398.46+GST* per annum
• Secured with a three-month rental bond and personal guarantors
• Large 6,744sqm* freehold site with a huge 83-metre frontage prominently positioned along the Busy Sherwood Road
• Close proximity to the Ipswich Motorway providing access to both the Centenary Highway and Logan Motorway
• 1,819sqm* office/warehouse building under roof plus mezzanines (low 26% site coverage)
• Warehouse space accessed via multiple roller doors with a large drive-through awning providing all-weather loading
• Excellent exposure and signage opportunities
• Full site truck access with dual double-wide driveways
• IN1 Industry (General industry A) zone
• We must stress that the vendor has clear instructions to sell! Do not miss this investment opportunity

The property is being offered for sale via Public Auction to be held at 10am Friday 4th October 2024, Level 26 / 111 Eagle Street, Brisbane City QLD.

Contact us today for further information and to secure this property. Please contact the exclusive agents, Ben Sands on 0432 547 164 and Peter Laoudikos on 0422 118 288.

* Approx.

Disclaimer:
RWC has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 17 Sherwood Rd, Rocklea, QLD 4106

A timeline of how this property has performed in the market
Last Sold
04 Oct 2024
Listed for Rent
$175k/w
23 Nov 2023
  • 04 Oct 2024
    Sold for $3,352,000
  • 27 Aug 2024
    Listed for Sale Must Sell at Auction - Fri 4th Oct 2024 at 10am
  • 22 Nov 2023
    Listed for Sale Please Contact JLL
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About Rocklea 4106

The size of Rocklea is approximately 9.3 square kilometres. It has 22 parks covering nearly 13.8% of total area. The population of Rocklea in 2011 was 1,255 people. By 2016 the population was 1,579 showing a population growth of 25.8% in the area during that time. The predominant age group in Rocklea is 20-29 years. Households in Rocklea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rocklea work in a professional occupation. In 2011, 55.2% of the homes in Rocklea were owner-occupied compared with 51.1% in 2016.

Rocklea has 1,435 properties. Over the last 5 years, Houses in Rocklea have seen a 84.45% increase in median value, while Units have seen a 71.22% increase. As at 30 November 2024:

  • The median value for Houses in Rocklea is $703,538 while the median value for Units is $543,793.
  • Houses have a median rent of $555 while Units have a median rent of $385.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Rocklea on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Rocklea.

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Contact agent
Ben Sands
Show contact details
Peter Laoudikos
RWC Gateway
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.